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Banking & Finance
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WBJ Hall of Fame: Despite sustained growth, McCall has kept small-firm mentality, values at AAFCPAs
Updated: March 4, 2024AAFCPAs has undergone rapid growth since 2011, continuing as Carla McCall took over as the sole managing partner in 2020. Now with 300 employees, revenue has grown from $16 million in 2011 to $63 million in 2023.
Updated: March 4, 2024
Consigli, Fletcher, McCall inducted into WBJ Hall of Fame
Updated: March 4, 2024In 2017, WBJ created its Hall of Fame to honor those professionals who made significant contributions to the economy and community. With the induction of the Class of 2024, the WBJ Hall of Fame has grown to 28 members.
Updated: March 4, 2024
Movers & Shakers for March 4, 2024
Updated: March 4, 2024Professionals are being hired and promoted at Central Massachusetts businesses like Geisel Software, Shepherd & Goldstein, Cornerstone Bank, and Consigli Construction.
Updated: March 4, 2024
WBJ Hall of Fame: Fletcher directs millions in giving to benefit the community
Updated: March 4, 2024Like his father, Warner Fletcher is heavily involved in the giving community, serving as chair of three of the city’s largest grant-making foundations, helping to manage more than $370 million in assets.
Updated: March 4, 2024
Business Leaders of the Year: Connell led to YMCA to set fundraising, programming records
Updated: March 4, 2024The last 12 months have been strong for the YMCA of Central Massachusetts. Under Connell’s leadership, membership has surpassed pre-pandemic levels, even with the challenge of finding enough workers to employ in this growing organization.
Updated: March 4, 2024
Fidelity Bank names CPA as its newest CFO
March 1, 2024Following a 17-year career at a national certified public accountant and advisory firm, Richard Fay has been named as senior vice president and CFO for Leominster-based Fidelity Bank.
March 1, 2024
Lawmakers hesitant to support Healey's push for more flexibility for municipal taxes
March 1, 2024The governor's plans to let cities and towns raise local taxes on hotel rooms and restaurant meals surprised some this year, after Healey touted a major tax relief law last year as the landmark accomplishment of her first year in office.
March 1, 2024
Mass. House passes bill seeking to attract federal funds
February 29, 2024"It gives us more flexibility and the ability to access programs that we've looked at and maybe didn't make the commitment of our own resources going in there," Speaker Mariano said about the bill after the caucus. "But we have this money
February 29, 2024
Boston Scientific raises $2.2B to support purchase of California medical device company
February 28, 2024The primary use of the funds will be used to fund Boston Scientific’s purchase of Axonics, Inc., a $3.7-billion transaction the company announced in January.
February 28, 2024
North Grafton dispensary, CEO sued for alleged lack of repayment for $100K loan
February 22, 2024Another Central Massachusetts cannabis company is in hot water over debt, as Grafton-based dispensary Discern'd Cannabis Purveyors has been sued for allegedly failing to make payments on a $100,000 loan.
February 22, 2024
Movers & Shakers for Feb. 19, 2024
Updated: February 19, 2024Central Massachusetts professionals are getting hired and promoted at Saint Vincent Hospital, AAFCPAs, the Milford Physician Group, and the Telegram & Gazette.
Updated: February 19, 2024
Reporting discrimination: New, but delayed, reporting requirements seek to identify bias in small business loan approvals and denials
Updated: February 19, 2024While generally supportive of the new rule, the lending industry is concerned about the onus the new requirements put on banks.
Updated: February 19, 2024
Watching the Fed: After a jump in rates over the last two years, banks are preparing for cuts to trigger more activity
Updated: February 19, 2024For Central Massachusetts banks, rising interest rates are a lot of change to deal with.
Updated: February 19, 2024
Parent company of Oxford-based bankHometown to merge with North Shore Bank
February 16, 2024The holding company of Oxford-based bankHometown, has reached an agreement to merge with North Shore Bancorp.
February 16, 2024
Healey doesn't rule out new or increased taxes to fund transportation efforts
February 13, 2024"I'm not going to comment on hypotheticals until I see things, but what I'll say is I think as governor, I have not been afraid to take this head on," Healey replied when pressed on how she would respond if the panel explicitly recommends expanding
February 13, 2024
Worcester Guardian news site receives tax-exempt status
February 9, 2024The Worcester Guardian online news site, which was founded by the Worcester Regional Chamber of Commerce, has received tax-exempt status as a 501(c)(3) nonprofit from the U.S. Internal Revenue Services.
February 9, 2024
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